Om Power Transmission IPO April 2026: Date, Price Band, GMP, Allotment & Review
The Om Power Transmission IPO opens on April 9, 2026 and closes on April 13, 2026, as a mainboard listing by an Ahmedabad-based EPC company with over 14 years of experience in power transmission infrastructure. The issue combines a Fresh Issue of 75,75,000 shares and an Offer for Sale (OFS) of 10,00,000 shares.
For investors interested in India's power infrastructure sector, Om Power Transmission operates in a segment with strong government-driven demand through national electrification and grid expansion programs. This guide covers the IPO dates, issue structure, financials, price band, GMP, allotment process, and how to apply for the Om Power Transmission IPO 2026.
1. Company Background: 14 Years in Power EPC
Founded over 14 years ago and headquartered in Ahmedabad, Gujarat, Om Power Transmission is a specialized EPC contractor focused on power transmission infrastructure. The company has built its operational base across the design, procurement, and construction of high-voltage transmission lines and towers for state electricity boards and private utilities.
In the EPC sector, a 14-year operating track record is a relevant indicator of project execution capability, particularly for government contracts that require demonstrated experience in handling complex terrain and regulatory compliance in the power sector.
2. Om Power Transmission IPO Dates 2026
The Om Power Transmission IPO date schedule is as follows. All dates are subject to SEBI confirmation:
| Event | Date |
|---|---|
| IPO Open Date | Wednesday, April 9, 2026 |
| IPO Close Date | Monday, April 13, 2026 |
| Basis of Allotment | To be announced |
| Refund / Credit of Shares | To be announced |
| Listing Date (NSE & BSE) | To be announced |
Track live subscription numbers from April 9 on the IPOwiz app.
3. Issue Structure: Fresh Issue vs OFS
The Om Power Transmission IPO has a mixed structure combining a Fresh Issue and a small Offer for Sale:
| Component | Shares | Proceeds Go To |
|---|---|---|
| Fresh Issue | 75,75,000 shares | Company (for working capital and debt repayment) |
| Offer for Sale (OFS) | 10,00,000 shares | Existing promoters / selling shareholders |
| Total Issue | 85,75,000 shares | N/A |
The Fresh Issue constitutes approximately 88% of the total offer, which means the majority of capital raised will be used within the business. The OFS component is comparatively small, indicating limited promoter exit at this stage.
4. Retail Investor Quota: 35% Reservation
As per the issue structure, 35% of the total offer is reserved for Retail Individual Investors (RIIs), in line with SEBI's standard allocation for mainboard book-built issues. The remaining portions are allocated to Qualified Institutional Buyers (QIBs) and Non-Institutional Investors (NIIs/HNIs).
A 35% retail quota on an 85.75 lakh share offer means approximately 30 lakh shares are available for retail applicants. Given expected oversubscription, applying from multiple eligible family Demat accounts improves individual allotment probability.
5. What Does an EPC Company Do?
EPC stands for Engineering, Procurement, and Construction. In the power sector, an EPC contractor takes full responsibility for delivering a completed power infrastructure project, starting from route survey and design through to material procurement and physical construction of transmission towers and lines.
Om Power Transmission does not just supply components. It manages the entire project lifecycle for high-voltage transmission infrastructure, working primarily with state electricity boards and central government utilities. As India targets 24x7 power supply nationwide and expands its renewable energy grid capacity, demand for specialized transmission EPC contractors is growing consistently.
6. Why Ahmedabad and Gujarat Matter for This Business
Gujarat has been among the leading states in power sector reform, renewable energy adoption, and grid modernization in India. Being headquartered in Ahmedabad has given Om Power Transmission proximity to state electricity utilities, established supply chain networks, and early exposure to large-scale grid expansion projects.
The company's Gujarat-based operational foundation also provides a logistical base for expanding project execution to other states, which is a common growth path for regional EPC companies as they scale nationally.
7. Why Investors Consider Power Infrastructure Stocks
Power transmission infrastructure stocks are generally considered by investors for several structural reasons:
- Government-backed demand: Projects are primarily funded through central and state government capex programs, reducing demand uncertainty
- Long project cycles: Once awarded, EPC contracts provide multi-year revenue visibility through the order book
- Essential infrastructure: Transmission networks have long operational lifespans and are not easily substituted
- Policy tailwinds: India's renewable energy targets and grid modernization plans require significant new transmission capacity through 2030
These factors make power EPC stocks a consideration for investors seeking exposure to India's infrastructure spending cycle.
Financial Overview: Revenue, Margins and Order Book
The detailed financial statements for Om Power Transmission will be disclosed in the final prospectus. Based on publicly available pre-IPO data, the company has shown consistent revenue growth over the past three financial years, with the EPC business model delivering operating margins in line with sector norms.
| Financial Metric | Status |
|---|---|
| Revenue (FY25) | To be confirmed in RHP |
| Profit After Tax (PAT) | To be confirmed in RHP |
| EBITDA Margin | To be confirmed in RHP |
| Order Book Size | To be confirmed in RHP |
| Debt-to-Equity Ratio | To be confirmed in RHP |
This page will be updated with complete financials as soon as the final RHP is filed. For EPC companies, the order book size and order book-to-revenue ratio are the most important metrics to review before bidding, as they indicate how much future contracted revenue the company already has in hand.
9. Om Power Transmission IPO Price Band and Lot Size
The official Om Power Transmission IPO price band and lot size will be announced 2–3 days before the subscription window opens on April 9, 2026. Based on the issue size and standard mainboard IPO structure, the minimum retail investment per lot is expected to be approximately ₹14,000–₹15,000.
This page will be updated with the confirmed price band as soon as it is officially declared. Set a price band alert on the IPOwiz app to get notified the moment it goes live.
10. Use of IPO Proceeds
The proceeds from the Fresh Issue component will be deployed toward two primary purposes:
- Working Capital: Power EPC projects require significant upfront material procurement and mobilization costs before client payments are received. Additional working capital reduces reliance on short-term borrowings for project execution.
- Debt Repayment: Reducing outstanding debt lowers the company's interest expense, which directly improves net profit margins going forward.
The OFS proceeds will go entirely to the selling shareholders and will not be used by the company.
11. EPC Peer Comparison
Om Power Transmission operates in a sector that includes several listed EPC and power infrastructure companies. Here is a reference comparison with key listed peers:
| Company | Specialization | Listing Status | Scale |
|---|---|---|---|
| Om Power Transmission | Power Transmission EPC | Upcoming Mainboard IPO | Mid-size, regional |
| KEC International | Transmission, Railways, Civil EPC | Listed (BSE/NSE) | Large-cap, global |
| Kalpataru Projects | Transmission, Pipelines, Buildings | Listed (BSE/NSE) | Large-cap |
| Techno Electric | Power Transmission & Generation EPC | Listed (BSE/NSE) | Mid-cap |
| Sterlite Power | Transmission Infrastructure | Unlisted (InvIT listed) | Large, private |
*Peer data is based on publicly available information as of April 2026. P/E and valuation comparisons will be possible once the Om Power IPO price band is officially declared.
As a specialist transmission EPC company, Om Power Transmission occupies a niche within the broader EPC landscape. Investors can use listed peers like KEC International and Techno Electric as valuation reference points once the price band is announced.
12. Key Risks to Evaluate
Before applying, investors should evaluate the following risk factors specific to the power EPC sector:
- Project delays: Land acquisition issues and environmental clearance timelines can extend project durations, leading to cost overruns and delayed revenue recognition
- Client concentration: Heavy dependence on a small number of state electricity boards or central utilities increases revenue risk if contracts are delayed or cancelled
- Working capital intensity: EPC projects require large upfront spend before payment milestones are reached, making cash flow management critical
- Competition: The transmission EPC sector includes large listed players with significantly greater balance sheet strength and execution track records
- Regulatory risk: Changes in tariff policies, grid expansion plans, or government capex priorities can affect the order pipeline
13. Om Power Transmission IPO GMP Today
As of early April 2026, grey market activity for the Om Power Transmission IPO GMP has started building ahead of the April 9 open date. Grey market premium reflects unofficial demand from traders before the subscription window opens, and it is not a SEBI-regulated figure and should not be the sole basis for an investment decision.
For the latest Om Power IPO GMP today, check the live tracker on the IPOwiz app. GMP data is updated daily and clearly labeled as an unofficial estimate. Review the company's fundamentals from the RHP alongside GMP data before making a bidding decision.
14. Om Power IPO Allotment Status: How to Check
Once the subscription window closes on April 13, the basis of allotment will be finalized by the registrar. Given the 35% retail quota and expected strong subscription, not all retail applicants will receive shares.
To check your Om Power Transmission IPO allotment status, you can visit the official registrar website (to be confirmed in the final prospectus) or use the IPOwiz app. The Bulk PAN Import feature on IPOwiz allows you to check allotment results for all family members simultaneously, which is useful if you have applied from multiple accounts.
Download here: Download IPOwiz: Bulk PAN Allotment Tracker
15. How to Apply for the Om Power Transmission IPO
The subscription window runs from April 9 to April 13, 2026. Here is the step-by-step process:
- Log into your broker app (Zerodha, Angel One, Groww, or any SEBI-registered platform).
- Go to the IPO section and search for Om Power Transmission.
- Select the number of lots. Choose Cut-off Price for the highest allotment probability in the retail category.
- Approve the UPI mandate on your BHIM or bank UPI app within the required window, as funds are blocked, not debited, until allotment.
- Track live Om Power IPO subscription status on the IPOwiz app from April 9 onwards.
- Check your allotment status on IPOwiz once the basis of allotment is declared.
Conclusion
The Om Power Transmission IPO is a mainboard listing from a 14-year-old Ahmedabad-based EPC company operating in India's power transmission sector. With a predominantly Fresh Issue structure directing capital into working capital and debt reduction, and a 35% retail allocation, the issue is structured with retail participation in mind.
The key variables to confirm before bidding are the price band, order book size, and financial margins from the RHP, all of which will be updated on this page and on the IPOwiz app as soon as they are officially released. Track the live Om Power Transmission IPO GMP, subscription status, and allotment results on IPOwiz throughout the April 9–13 subscription window.
Frequently Asked Questions (FAQ)
Q1: Is Om Power Transmission an SME or Mainboard IPO?
It is a Mainboard IPO, meaning it will be listed on both NSE and BSE, offering higher liquidity and a larger public float compared to SME-platform listings.
Q2: What is the primary business of Om Power Transmission?
Om Power Transmission is an EPC (Engineering, Procurement, and Construction) company specializing in power transmission infrastructure, including high-voltage transmission lines and towers for state and central electricity utilities.
Q3: How many shares are reserved for retail investors?
35% of the total issue is reserved for Retail Individual Investors (RIIs), consistent with SEBI's standard allocation norms for mainboard book-built issues.
Q4: Who is the registrar for the Om Power Transmission IPO?
The registrar will be confirmed in the final prospectus. You can track live Om Power IPO allotment status directly through the IPOwiz app once results are declared.
Q5: Can I apply for the Om Power IPO through UPI?
Yes. Retail investors apply through the UPI ASBA method via any SEBI-registered broker. After placing your bid, approve the UPI mandate through your bank's UPI app. Funds are blocked, not debited, until allotment is confirmed.